Silverton, TX is an area with a strong housing market and high demand. The median value of houses in Silverton is $92,300 which is significantly lower than the US median house value of $338,100. Additionally, Silverton's one year house appreciation rate of 16.22% is much higher than the US one year house appreciation rate of 8.27%. This indicates that Silverton's housing market remains stable and growing despite its relatively low median value. This makes it an attractive area for potential home buyers looking to purchase a home at an affordable price while also enjoying the benefits of a flourishing housing market.
The median home cost in Silverton is $92,300. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Silverton is up 19.7%.
Average Age of Homes
- The median age of Silverton real estate is 62 years old
The Rental Market in Silverton
- Renters make up 15.2% of the Silverton population
- 3.4% of houses and apartments in Silverton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.